Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Central Government notifies Punjab Skill Development Mission...
Punjab Skill Development Mission Society gets income tax exemption on grants, CSR funds, service charges & interest income. No commercial activity allowed.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Central Government notifies Punjab Skill Development Mission Society, Chandigarh (PAN: AAAAE8085G) for exemption from specified income u/s 10(46) of Income Tax Act, 1961. Specified income includes grants, contributions from governments, CSR funds, service charges, and interest on bank deposits. Conditions: no commercial activity, unchanged activities and income nature, filing return u/s 139(4C)(g). Applicable retrospectively for Assessment Years 2021-2022 to 2025-2026.
Central Government notifies Punjab Skill Development Mission Society, Chandigarh (PAN: AAAAE8085G) for exemption from specified income u/s 10(46) of Income Tax Act, 1961. Specified income includes grants, contributions from governments, CSR funds, service charges, and interest on bank deposits. Conditions: no commercial activity, unchanged activities and income nature, filing return u/s 139(4C)(g). Applicable retrospectively for Assessment Years 2021-2022 to 2025-2026.
Note: It is a system-generated summary and is for quick reference only.